International Journal of

SME Development
International Journal of
Issue 03 | December 2017

SME Development Chief Editor

Momtaz Uddin Ahmed
Professor
Department of Economics
University of Dhaka

Associate Editor
Monzur Hossain
Senior Research Fellow
Bangladesh Institute of Development Studies

Graphics
Md. Monjurul Haque
Ashim Kumar Halder

Copyright @2018 SME Foundation

ISSN: 2305-7750

Published in
November 2018

Published by:
Small and Medium Enterprise Foundation
4 Panthapath, Dhaka-1215, Bangladesh
Phone: +88028142983, 9142907, Fax: +88028142467
Website: www.smef.org.bd
Small and Medium Enterprise Foundation E-mail: info@smef.org.bd
4 Panthapath, Dhaka-1215, Bangladesh
Phone: +8802 8142983, 9142907 Fax: +88028142467
Website: www.smef.org.bd, E-mail: info@smef.org.bd
Price: Tk. 100

ii
Editorial Board Editor’s Note

Momtaz Uddin Ahmed The present issue (Issue 03, December 2017) of the Journal contains five articles
Professor and a ‘Note’ spreading over numerous topics of contemporary interests to the
Department of Economics academics, researchers, policy makers, and stakeholders concerned with Small
University of Dhaka and Medium Enterprise (SMEs) development. The areas covered include factors
determining total factor productivity (TFP) and productive efficiency of the
Razia Begum
manufacturing enterprises by firm size; obstacles to SME growth and expansion
Professor
Department of Marketing in the South Asian countries; factors facilitating export orientation of the small
University of Dhaka firms; and internationalisation of SMEs which helps their market access in the
external markets. The ‘Note’ analyses the impacts of microcredit operations on
Manzur Ahmed women entrepreneurship development through a case study of a private non-
Director profit organization (SSS). It focuses on how the microcredit programmes
CIS-BCCI contribute to increased participation of women in economic activities, enhance
their socio-economic conditions and help them become self-sufficient. These are
Monzur Hossain all highly policy-sensitive areas which contribute to national economic growth
Senior Research Fellow having significant pro-poor orientation and inclusiveness. On behalf of the
Bangladesh Institute of Development Studies
Editorial Board, I extend sincere thanks to all the esteemed authors, reviewers,
Ijaz Hossain supporters and SMEF Staff for their generous help and cooperation. I take the
Professor opportunity also to assure that the SME Foundation will continue to publish this
Department of Chemical Engineering peer-reviewed journal to provide an effective platform for publishing high-
Bangladesh University of Engineering and Technology quality research outputs of proven standards.

iii iv
 Table of Contents

Articles

Factors affecting Total Factor Productivity: Firm-level 1

Evidence from Manufacturing Sector of Bangladesh
Selim Raihan, K. M. Nafiz Ifteakhar Tulon, Mir Tanzim Nur Angkur

Major Obstacles for SMEs: A Comparative Analysis of 19

Bangladesh, South Asia and other Developing Countries
Shafiun Nahin Shimul, Md. Azhar Uddin, K. M. Nafiz Ifteakhar Tulon

Too Small to Export: Firm Characteristics for Export Market 43

Participation in Manufacturing Sector
Sheikh Jafar Emran, Abul Kalam Azad

Managerial Attitudes towards Environmental Sustainability 65

among SMEs in Bangladesh
Khan Ferdousour Rahman

Promoting Small and Medium Enterprises (SMEs) to Foreign 79

Market: Adopting Uppsala Model to Bangladeshi SMEs
A K M Kamrul Hasan

Note

Impact of Microcredit Program on Women Entrepreneurship 103

in Bangladesh: A Case Study of Society for Social Service
Kaniz Marium Akter, Md. Shahed Mahmud, Subrata Banik